The Australia China Business Council hosted Mr Minghui Yang, Chairman, China Asset Management Company and his delegation for a breakfast briefing on China’s funds management industry.
China AMC has around $90billion under management across institution clients and a retail client base greater than the Australian population!
A number if interesting investment opportunities were highlighted including:
- health care which is only 5.6% of GDP vs 16% in the US
- new agribusiness to support the huge population
- high end equipment manufacturing
- energy savings
- new economy driven by mobile internet in China.
For upcoming ACBC forums and event including Chinese Companies and the Australian Not-for-Profit sector on 13th August, and Significant Investor Visa update on 14th August, go to the ACBC website to register.